On 11/6/24, Synovus Financial Corp. (NYSE: SNV) stock enjoyed a major increase of 17.5%, closing at $58.47. Moreover, trading volume in this advance was exceptionally high at 351% of normal. The stock has risen 17.4% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, SNV is expected to continue to be an important Value Builder.
Synovus Financial has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Synovus Financial has a good Appreciation Score of 71 and a good Power Rating of 84, with the Highest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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